17 September 2025 Asia Semis & Hardware Asia Semis & Hardware: Semicon Taiwan Takeaways - AI remains the driving force Ethan Xu +852 2123 2634 ethan.xu@bernsteinsg.com We attended Semicon Taiwan & visited 12 companies (Scientech, Kinik, Gallant Precision Machining, Chroma ATE, All Ring, GPTC, Gudeng, Skytech, ADATA, ASE, Lotes, FOCI; all not covered except Chroma) last week. We find AI still drives near-term demand, and mid-/long- term technology development & summarize five takeaways in this report. Mark L ...